The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 0.96542 will continue.
Caution: A possible trend reversal in the direction of the support level at could occur.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96683 |
| 2nd High | 0.96657 |
| Next High | 0.96542 |
| Current Price | 0.96309 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.96542 – 0.96256 – 0.96268 – 0.95894 – 0.95516 – 0.95222 —
0.96226 – 0.96286 —
43.282964724833 – 52.957147022677 —
– —
0.96542 – 1775476800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –